1 / 26

ACC 556 STR Help Successful Learning/uophelp.com

ACC 556 STR Help Successful Learning/uophelp.com<br>

kiblm
Download Presentation

ACC 556 STR Help Successful Learning/uophelp.com

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ACC 556 STRHelpSuccessful Learning/uophelp.com For more course tutorials visit www.uophelp.com

  2. For more course tutorials visit www.uophelp.com ACC 556 All Chapter Quizzes ACC 556 Chapter 1 Quiz (100% Score)ACC 556 Chapter 2 Quiz (100% Score)ACC 556 Chapter 3 Quiz (100% Score)ACC 556 Chapter 4 Quiz (100% Score)ACC 556 Chapter 5 Quiz (100% Score)ACC 556 Chapter 6 Quiz (100% Score)ACC 556 Chapter 7 Quiz (100% Score)

  3. For more course tutorials visit www.uophelp.com ACC 556 Chapter 1 Quiz (100% Score) Chapter 1 Quiz Question 1 A business organized as a separate legal entity owned by stockholders is a partnership. Question 2 Accounting communicates financial information about a business to both internal and external users.

  4. For more course tutorials visit www.uophelp.com ACC 556 Chapter 2 Quiz (100% Score) Chapter 2 Quiz Question 1 Cash and supplies are both classified as current assets. Question 2 Earnings per share measures the net income earned on each share of common stock.

  5. For more course tutorials visit www.uophelp.com ACC 556 Chapter 3 Quiz (100% Score) Chapter 3 Quiz · Question 1 Economic events that require recording in the financial statements are called accounting transactions · Question 2 An account is often referred to as a T-account because of the way it is constructed. · Question 3 Revenues are a subdivision of stockholders’ equity.

  6. For more course tutorials visit www.uophelp.com ACC 556 Chapter 4 Quiz (100% Score) Chapter 4 Quiz Question 1 The revenue recognition principle dictates that revenue be recognized in the accounting period in which the performance obligation is satisfied. Question 2 An adjusting entry to a prepaid expense is required to recognize expired expenses.

  7. For more course tutorials visit www.uophelp.com ACC 556 Chapter 5 Quiz (100% Score) Chapter 5 Quiz Question 1 An advantage of using the periodic inventory system is that it requires less record keeping than the perpetual inventory system. Question 2 The terms 2/10, net/30 mean that a 2 percent discount is allowed on payments made within the 10 days discount period.

  8. For more course tutorials visit www.uophelp.com ACC 556 Chapter 6 Quiz (100% Score) Chapter 6 Quiz Question 1 Raw materials inventories are the goods that a manufacturing company has completed and are ready to be sold to customers. Question 2 Goods held on consignment should be included in the consignor’s ending inventory

  9. For more course tutorials visit www.uophelp.com ACC 556 Chapter 7 Quiz (100% Score) Chapter 7 Quiz Question 1 The most important element of the fraud triangle is rationalization. Question 2 Requiring employees to take vacations is a weakness in the system of internal controls because it does not promote operational efficiency.

  10. For more course tutorials visit www.uophelp.com ACC 556 Chapter 8 Quiz (100% Score) Chapter 8 Quiz Question 1 An aging of accounts receivable schedule is based on the premise that the longer the period an account remains unpaid, the greater the probability that it will eventually be collected. Question 2 Allowance for Doubtful Accounts is a contra account that is deducted from Accounts Receivable on the balance sheet.

  11. For more course tutorials visit www.uophelp.com ACC 556 Chapter 9 Quiz (100% Score) Chapter 9 Quiz Question 1 The statement of cash flows is a required statement that must be prepared along with an income statement, balance sheet, and retained earnings statement. Question 2 The activity from the balance sheet to be presented in the financing activities section of the statement of cash flows is based on an analysis of stockholders’ equity only.

  12. For more course tutorials visit www.uophelp.com ACC 556 Chapter 10 Quiz (100% Score) Chapter 10 Quiz Question 1 A current liability must be paid out of current earnings. Question 2 Most notes are not interest bearing. Question 3 Unearned revenues are received before goods are delivered or services are rendered.

  13. For more course tutorials visit www.uophelp.com ACC 556 Chapter 11 Quiz (100% Score) Chapter 11 Quiz Question 1 A current liability must be paid out of current earnings. Question 2 Most notes are not interest bearing Question 3 Unearned revenues are received before goods are delivered or services are rendered.

  14. For more course tutorials visit www.uophelp.com ACC 556 Chapter 12 Quiz (100% Score) Chapter 12 Quiz Question 1 The statement of cash flows is a required statement that must be prepared along with an income statement, balance sheet, and retained earnings statement. Question 2 The activity from the balance sheet to be presented in the financing activities section of the statement of cash flows is based on an analysis of stockholders’ equity only.

  15. For more course tutorials visit www.uophelp.com ACC 556 Chapter 13 Quiz (100% Score) Chapter 13 Quiz 1.    Price-earnings ratio2.    Return on assets3.    Accounts receivable turnover ratio4.    Earnings per share5.    Payout ratio6.    Current cash debt coverage7.    Current ratio8.    Debt to assets ratio9.    Free cash flow10.    Inventory turnover

  16. For more course tutorials visit www.uophelp.com ACC 556 Chapter 21 Quiz (100% Score) Chapter 21 Quiz Question 1 A benefit of budgeting is that it provides definite objectives for evaluating performance. Question 2 Effective budgeting requires clearly defined lines of authority and responsibility

  17. For more course tutorials visit www.uophelp.com ACC556 Chapter 22 Quiz(100%Score) Chapter 22 Quiz Question 1 Budget reports comparing actual results with planned objectives should be prepared only once a year. Question 2 A static budget is changed only when actual activity is different from the level of activity expected. Question 3 Management by exception means that management will investigate areas where actual results differ from planned results if the items are material and controllable.

  18. For more course tutorials visit www.uophelp.com ACC 556 Final Part 1 (100% Correct Answers) Final  Part 1 Question 1 Under the corporate form of business organization Question 2 Accountants do not attempt to measure the change in a plant asset's market value during ownership because

  19. For more course tutorials visit www.uophelp.com ACC 556 Final Part 1 and 2 Final  Part 1 Question 1 Under the corporate form of business organization Question 2 Accountants do not attempt to measure the change in a plant asset's market value during ownership because

  20. For more course tutorials visit www.uophelp.com ACC 556 Final Part 2 (100% Correct Answers) Final  Part 2 Question 1 A manager of a cost center is evaluated mainly on Question 2 Bogey Co. recorded operating data for its Cheap division for the year. Bogey requires its return to be 10%.Sales                                                 $ 1,400,000Controllable margin                                  160,000Total average assets                             4,000,000Fixed costs                                              100,000

  21. For more course tutorials visit www.uophelp.com ACC 556 Midterm Part 1 (100% Correct Answers) ACC 556 - Midterm part 1 · Question 1 Source documents can provide evidence that a transaction has occurred · Question 2 Expense recognition is tied to revenue recognition.

  22. For more course tutorials visit www.uophelp.com ACC 556 Midterm Part 1 and 2 ACC 556 - Midterm part 1 · Question 1 Source documents can provide evidence that a transaction has occurred · Question 2 Expense recognition is tied to revenue recognition.

  23. For more course tutorials visit www.uophelp.com ACC 556 Midterm Part 2 (100% Correct Answers) ACC 556 - Midterm part 2 · Question 1 Which of these would cause the inventory turnover ratio to increase the most? · Question 2 Bad Debt Expense is considered · Question 3 A trial balance proves

  24. For more course tutorials visit www.uophelp.com ACC 556 Week 6 Assignment 1 Financial Analysis (4 Papers, Apple, Lowe's, Mc Donalds, Walmart) This Tutorial contains 4 Different Papers (Apple, Lowe's, Mc Donalds, Walmart) ACC 556 Week 6 Assignment 1 Financial Analysis Assignment 1: Financial Analysis worth 160 points Use the Internet or Str databases to research one (1) publicly traded company and review its last annual report. Use an investor’s view to perform financial analysis and discuss various non-financial factors impacting investment decision.

  25. For more course tutorials visit www.uophelp.com ACC 556 Week 10 Assignment 2 Budget Planning and Control (3 Papers) This Tutorial contains 3 Different Papers Assignment 2: Budget Planning and Control Due Week 10 and worth 160 points Use the Internet and / or databases to research budget planning and control. Imagine that the company that you currently work for, have previously worked for, or would like to work for in the future has tasked you with preparing a budget plan.

  26. ACC 556 STRHelpSuccessful Learning/uophelp.com For more course tutorials visit www.uophelp.com

More Related